Khanpur returns combine sugar and cotton-related business, commission, farm income and salaries. This page explains what each needs.
Mill Transporters
Freight received from the mill, shown on weighbridge and payment slips, less diesel, tyres, repairs, drivers' wages and depreciation of tractors and trolleys. The mill's withholding is claimed.
Ginners
Lint and seed sales against seed cotton, power, wages and depreciation, with stock at 30 June. Mill withholding claimed and figures matched to sales tax returns.
Arhtis
Commission less rent, staff and other costs. Advances to farmers are receivables.
Farmers
Cane, cotton and wheat from family land declared as agricultural income, with any Punjab agricultural income tax noted.
Employees
Salary and withholding from the certificate.
Wealth Statement
Land, tractors, trolleys, factories, receivables and balances are listed.
Shopkeepers in the City
Shops in Khanpur's bazaars show sales, purchases from wholesalers in Rahim Yar Khan and Multan, rent and staff, with stock counted on 30 June. Advance tax charged on commercial electricity bills is claimed.
Teachers and Railway Staff
Salaried residents copy salary and withholding from their certificates and list the land or house they own.
Families with Members Abroad
Money sent home from the Gulf through banks is a receipt in the wealth statement.
Late Filing
A late return is accepted; rejoining the Active Taxpayers List needs the surcharge.
Doctors
Doctors at the tehsil hospital who also practise privately declare salary and clinic fees separately.
Also see tax consultant in Khanpur and NTN registration in Khanpur.
Frequently Asked Questions
How do I prove mill freight income?
With weighbridge slips and the mill's payment advice.
Is Punjab agricultural tax part of the federal return?
It is noted, but it is a separate provincial tax.
Are trolleys depreciated?
Yes, as business assets.